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July 05, 2015 1:59 PM ET

Capital Markets

Company Overview of Ithmar Capital

Company Overview

Ithmar Capital is a private equity firm specializing in investments in expansion capital, growth capital, buyouts, corporate spin-outs, private or generational transactions, privatizations, private and public partnerships, industry consolidations, buy and build transactions, and joint ventures. It does not invest in sectors related to alcohol, gambling, and tobacco. The firm is sector agnostic and prefers to invest in logistics and distribution, trading, consumer related retail and franchising, light manufacturing, financial services, construction, engineering, education, healthcare, media, communication, tourism, oil and gas services, industrials, business services, consumer goods, and leis...

Level 9, Office 901

Park Place Tower

Sheikh Zayed Road

Dubai,  

United Arab Emirates

Founded in 2005

Phone:

971 4 328 9922

Fax:

971 4 329 8002

Key Executives for Ithmar Capital

Founder, Managing Partner, Chairman, and Member of Investment Committee
Co-Founder, Executive Director, Managing Partner, Director, and Member of Investment Committee
Age: 43
Principal
Compensation as of Fiscal Year 2015.

Ithmar Capital Key Developments

Ithmar Reportedly To List A Unit

Ithmar Capital has tapped Credit Suisse AG and Deutsche Bank AG (DB:DBK) to manage the flotation of a so-called special purpose acquisition company (SPAC), which lists on the Dubai bourse by 2014 end and then uses the cash raised from the flotation to make private equity-style investments, Reuters reported citing sources close to the matter. The listing will aim to raise around $436 million, with proceeds to be used to invest in healthcare and education assets, including buying stakes in firms which IIthmar Capital currently owns- most notably some of its 20% holding in Al Noor Hospitals Group Plc (LSE:ANH). Subscription could begin as early as October 2014. Repeated calls to Ithmar Capital went unanswered.

Ithmar Capital Plans IPO

Ithmar Capital intends to divest shares to the public in order to raise cash for new investments, sources said. Two sources stated that Ithmar Capital is looking to raise AED 3 billion ($816.8 million) for new assets, particularly in the education and healthcare industry. An Ithmar executive confirmed plans for an initial public offering (IPO). A third source stated that it is expected to finalize details in the next few weeks and another source said it had always planned a Dubai IPO.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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